In this interview, Dr. Edward Freeman, the 2024 AIB John Fayerweather Eminent Scholar Awardee, discusses his scholarly journey with AIB Fellow Dan Li. Dr. Freeman highlights the increased significance of adopting a comprehensive view of stakeholders amid recent global uncertainties such as the pandemic, geopolitical tension and conflicts, and technological disruptions. He also provides advice on business school curricula and guidance for business scholars.
{"title":"An Interview with 2024 AIB John Fayerweather Eminent Scholar Edward Freeman","authors":"R. E. Freeman, Dan Li","doi":"10.46697/001c.122046","DOIUrl":"https://doi.org/10.46697/001c.122046","url":null,"abstract":"In this interview, Dr. Edward Freeman, the 2024 AIB John Fayerweather Eminent Scholar Awardee, discusses his scholarly journey with AIB Fellow Dan Li. Dr. Freeman highlights the increased significance of adopting a comprehensive view of stakeholders amid recent global uncertainties such as the pandemic, geopolitical tension and conflicts, and technological disruptions. He also provides advice on business school curricula and guidance for business scholars.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":"76 17","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141922227","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In 2023, 28 countries and technology private sector representatives signed the Bletchley Declaration, calling for international oversight of AI by applying a risk-based formulary. The goal is to achieve uniform global regulation. The absence of regulatory uniformity challenges companies operating across borders. This paper provides practitioners and policymakers with an overview of the EU regulatory model and a new legislative recommendation, The AI Integrative Risk-Based model for the U.S., which has not designed any regulatory framework. The AIRB provides a useful approach for conducting meaningful risk assessments to guide future U.S. regulation and ensure compliance in global markets.
{"title":"Artificial Intelligence Regulatory Models: Advances in the European Union and Recommendations for the United States and Evolving Global Markets","authors":"Miriam F. Weismann","doi":"10.46697/001c.120396","DOIUrl":"https://doi.org/10.46697/001c.120396","url":null,"abstract":"In 2023, 28 countries and technology private sector representatives signed the Bletchley Declaration, calling for international oversight of AI by applying a risk-based formulary. The goal is to achieve uniform global regulation. The absence of regulatory uniformity challenges companies operating across borders. This paper provides practitioners and policymakers with an overview of the EU regulatory model and a new legislative recommendation, The AI Integrative Risk-Based model for the U.S., which has not designed any regulatory framework. The AIRB provides a useful approach for conducting meaningful risk assessments to guide future U.S. regulation and ensure compliance in global markets.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":" 62","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141680179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Melodena Stephens, Mathana, Monique Jeanne Morrow, Keegan McBride, Eleni Mangina, John C. Havens, Himanshu Vashishtha, Sumaya Al Hajeri
This article presents information on the metaverse as a digital space, highlighting areas for further inquiry by international business researchers. The metaverse is an overarching virtual platform, much like the Internet, but with a few key differences. The metaverse is expected to be a massively-scaled, hyper-connected network with seamless real time 2D and 3D connection to the physical world via virtual, augmented, neural, and traditional interfaces. Early examples of the metaverse exist like digital twins, gaming, education, and social networking spaces. If the metaverse comes to maturity over the next 10-15 years, it can be a US$ 8-13 trillion economy.
{"title":"The emerging “metaverse” and its implications for international business","authors":"Melodena Stephens, Mathana, Monique Jeanne Morrow, Keegan McBride, Eleni Mangina, John C. Havens, Himanshu Vashishtha, Sumaya Al Hajeri","doi":"10.46697/001c.118572","DOIUrl":"https://doi.org/10.46697/001c.118572","url":null,"abstract":"This article presents information on the metaverse as a digital space, highlighting areas for further inquiry by international business researchers. The metaverse is an overarching virtual platform, much like the Internet, but with a few key differences. The metaverse is expected to be a massively-scaled, hyper-connected network with seamless real time 2D and 3D connection to the physical world via virtual, augmented, neural, and traditional interfaces. Early examples of the metaverse exist like digital twins, gaming, education, and social networking spaces. If the metaverse comes to maturity over the next 10-15 years, it can be a US$ 8-13 trillion economy.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":"34 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141350020","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study investigated the strategic responses of multinational enterprises (MNEs) during the 2019 Hong Kong social movement, employing a more nuanced framework of economic opportunity structure (EOS). Our study analyzed the economic impacts and adaptive strategies of MNEs in response to social unrest. Our findings highlight the strategic rationale behind MNE decisions and provide actionable insights for navigating complex socio-political landscapes. Our findings emphasize the crucial need for MNEs to maintain a careful balance of optimizing local engagement and global imperatives. The insights are pivotal for enhancing the strategic adaptability of businesses operating in volatile environments.
{"title":"Adapting During Unrest: How International Businesses Navigate the Social Movement Landscape","authors":"Aureliu Sindila, Xueyong Zhan","doi":"10.46697/001c.117786","DOIUrl":"https://doi.org/10.46697/001c.117786","url":null,"abstract":"This study investigated the strategic responses of multinational enterprises (MNEs) during the 2019 Hong Kong social movement, employing a more nuanced framework of economic opportunity structure (EOS). Our study analyzed the economic impacts and adaptive strategies of MNEs in response to social unrest. Our findings highlight the strategic rationale behind MNE decisions and provide actionable insights for navigating complex socio-political landscapes. Our findings emphasize the crucial need for MNEs to maintain a careful balance of optimizing local engagement and global imperatives. The insights are pivotal for enhancing the strategic adaptability of businesses operating in volatile environments.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":"114 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141360935","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The aftermath of companies having failed abroad – Starbucks in Australia (US$ 105 million), Walmart in Germany (US$ 3 billion), Uber in China (US$ 2.4 billion), Best Buy in the UK (US$ 133 million), and Target in Canada (US $2.5 billion) – is an invitation to consider better ways of assessing companies’ compatibility with foreign cultures. An exploratory study testing the acceptance of a new product in the food industry demonstrated that cultural communities in the domestic markets could help companies to reduce the likelihood of rejection from foreign consumers by revealing the needed adaptations of their marketing strategies.
{"title":"Preventing Failures in International Markets","authors":"Eliane Karsaklian","doi":"10.46697/001c.117582","DOIUrl":"https://doi.org/10.46697/001c.117582","url":null,"abstract":"The aftermath of companies having failed abroad – Starbucks in Australia (US$ 105 million), Walmart in Germany (US$ 3 billion), Uber in China (US$ 2.4 billion), Best Buy in the UK (US$ 133 million), and Target in Canada (US $2.5 billion) – is an invitation to consider better ways of assessing companies’ compatibility with foreign cultures. An exploratory study testing the acceptance of a new product in the food industry demonstrated that cultural communities in the domestic markets could help companies to reduce the likelihood of rejection from foreign consumers by revealing the needed adaptations of their marketing strategies.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":" 27","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141127884","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Bangladesh has been one of the fastest growing economies over the last two decades, with economic growth averaging over 6%, per capita income crossing the World Bank’s (lower) middle-income country threshold, and the criteria for graduating from the UN’s Least Developed Country (LDC) list fulfilled. However, regulatory inefficiency, high corruption, and poor infrastructure still create major challenges for businesses wanting to operate in the country. We analyze the lessons that Bangladesh’s sustained economic growth and development have for policymakers. We also generate insights for MNCs on how to operate in this rapidly-growing, but challenging, emerging market.
{"title":"The Emerging Bengal Tiger: Opportunities and Challenges for MNCs and Policymakers","authors":"Masud Chand","doi":"10.46697/001c.115315","DOIUrl":"https://doi.org/10.46697/001c.115315","url":null,"abstract":"Bangladesh has been one of the fastest growing economies over the last two decades, with economic growth averaging over 6%, per capita income crossing the World Bank’s (lower) middle-income country threshold, and the criteria for graduating from the UN’s Least Developed Country (LDC) list fulfilled. However, regulatory inefficiency, high corruption, and poor infrastructure still create major challenges for businesses wanting to operate in the country. We analyze the lessons that Bangladesh’s sustained economic growth and development have for policymakers. We also generate insights for MNCs on how to operate in this rapidly-growing, but challenging, emerging market.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":" 81","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140384900","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Roberto P. Q. Falcão, Bernardo Silva-Rêgo, Eduardo P. Cruz
How might migrant entrepreneurs may use liabilities of foreignness and outsidership as a marketing strategy? Migrant entrepreneurs are embedded in a strong sociocultural environment, which influences both their market orientation decisions and marketing strategies. We draw from a marketing perspective to discuss how to generate successful strategies as a migrant entrepreneur. These entrepreneurs might choose between targeting their ethnic communities or attracting local customers from outside their ethnic enclaves, supplying either ethnic or general undifferentiated products and services. In this light, this article exploits these options to suggest actions that these entrepreneurs might use to design their marketing strategies.
{"title":"Migrant Entrepreneurship: Turning Challenges into Opportunities","authors":"Roberto P. Q. Falcão, Bernardo Silva-Rêgo, Eduardo P. Cruz","doi":"10.46697/001c.92943","DOIUrl":"https://doi.org/10.46697/001c.92943","url":null,"abstract":"How might migrant entrepreneurs may use liabilities of foreignness and outsidership as a marketing strategy? Migrant entrepreneurs are embedded in a strong sociocultural environment, which influences both their market orientation decisions and marketing strategies. We draw from a marketing perspective to discuss how to generate successful strategies as a migrant entrepreneur. These entrepreneurs might choose between targeting their ethnic communities or attracting local customers from outside their ethnic enclaves, supplying either ethnic or general undifferentiated products and services. In this light, this article exploits these options to suggest actions that these entrepreneurs might use to design their marketing strategies.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":"35 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139838482","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Roberto P. Q. Falcão, Bernardo Silva-Rêgo, Eduardo P. Cruz
How might migrant entrepreneurs may use liabilities of foreignness and outsidership as a marketing strategy? Migrant entrepreneurs are embedded in a strong sociocultural environment, which influences both their market orientation decisions and marketing strategies. We draw from a marketing perspective to discuss how to generate successful strategies as a migrant entrepreneur. These entrepreneurs might choose between targeting their ethnic communities or attracting local customers from outside their ethnic enclaves, supplying either ethnic or general undifferentiated products and services. In this light, this article exploits these options to suggest actions that these entrepreneurs might use to design their marketing strategies.
{"title":"Migrant Entrepreneurship: Turning Challenges into Opportunities","authors":"Roberto P. Q. Falcão, Bernardo Silva-Rêgo, Eduardo P. Cruz","doi":"10.46697/001c.92943","DOIUrl":"https://doi.org/10.46697/001c.92943","url":null,"abstract":"How might migrant entrepreneurs may use liabilities of foreignness and outsidership as a marketing strategy? Migrant entrepreneurs are embedded in a strong sociocultural environment, which influences both their market orientation decisions and marketing strategies. We draw from a marketing perspective to discuss how to generate successful strategies as a migrant entrepreneur. These entrepreneurs might choose between targeting their ethnic communities or attracting local customers from outside their ethnic enclaves, supplying either ethnic or general undifferentiated products and services. In this light, this article exploits these options to suggest actions that these entrepreneurs might use to design their marketing strategies.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":"62 16","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139778827","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The global “grand challenge” of aging is especially noticeable in Central and Eastern European (CEE) countries that have some of the world’s fastest aging populations. All CEE countries are aging rapidly and projected to lose significant amounts of their working age populations within the next generation. We analyze how aging populations affect organizations in the region. We generate insights for practitioners and policymakers as to how they can best manage in this aging environment, including focusing on workplace productivity, building more inclusive and family-friendly workplaces, leveraging the diaspora, and comprehensive social safety net reform.
{"title":"Aging and Shrinking Populations in CEE Countries: Implications for Practitioners and Policymakers","authors":"Masud Chand","doi":"10.46697/001c.92945","DOIUrl":"https://doi.org/10.46697/001c.92945","url":null,"abstract":"The global “grand challenge” of aging is especially noticeable in Central and Eastern European (CEE) countries that have some of the world’s fastest aging populations. All CEE countries are aging rapidly and projected to lose significant amounts of their working age populations within the next generation. We analyze how aging populations affect organizations in the region. We generate insights for practitioners and policymakers as to how they can best manage in this aging environment, including focusing on workplace productivity, building more inclusive and family-friendly workplaces, leveraging the diaspora, and comprehensive social safety net reform.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":"9 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139837312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The global “grand challenge” of aging is especially noticeable in Central and Eastern European (CEE) countries that have some of the world’s fastest aging populations. All CEE countries are aging rapidly and projected to lose significant amounts of their working age populations within the next generation. We analyze how aging populations affect organizations in the region. We generate insights for practitioners and policymakers as to how they can best manage in this aging environment, including focusing on workplace productivity, building more inclusive and family-friendly workplaces, leveraging the diaspora, and comprehensive social safety net reform.
{"title":"Aging and Shrinking Populations in CEE Countries: Implications for Practitioners and Policymakers","authors":"Masud Chand","doi":"10.46697/001c.92945","DOIUrl":"https://doi.org/10.46697/001c.92945","url":null,"abstract":"The global “grand challenge” of aging is especially noticeable in Central and Eastern European (CEE) countries that have some of the world’s fastest aging populations. All CEE countries are aging rapidly and projected to lose significant amounts of their working age populations within the next generation. We analyze how aging populations affect organizations in the region. We generate insights for practitioners and policymakers as to how they can best manage in this aging environment, including focusing on workplace productivity, building more inclusive and family-friendly workplaces, leveraging the diaspora, and comprehensive social safety net reform.","PeriodicalId":93253,"journal":{"name":"AIB insights","volume":"29 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139777561","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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